🚨NEWS IN: USER ARE NOW ABLE TO ARBITRAGE OR HEDGE AROUND THE HYPERLIQUID’S($HYPE ) PLATFORM FUNDING RATE🔥🔥🔥
September 12th: Hyperliquid's market has officially been integrated into Pendle's new Boros platform. This integration opens a powerful new avenue for trading and hedging, specifically targeting the BTCUSD and ETHUSD funding rates on Hyperliquid.
This is a major opportunity because, as officially noted, large hedge fund participation on Hyperliquid remains relatively low. This unique dynamic typically leads to significantly higher funding rate volatility compared to major exchanges like Binance. For example, while HL's ETH funding rate is often higher than Binance's, it can occasionally trade at a discount during low-rate periods.
Boros now enables traders to directly speculate on these amplified rate fluctuations. More importantly, it provides a crucial tool for cross-exchange funding rate arbitrage. Traders can go long or short the YT and PT tokens within these markets to capitalize on the price differences between exchanges or to hedge the funding rate risk of their perpetual positions on Hyperliquid. As the platform's "little bee" risk monitor gradually increases leverage and limits, this market will become increasingly liquid, offering a new dimension for strategic traders to generate alpha.
Source: Lookonchain
Discl.: NOT financial advice, DYOR.
